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Economy

December 12, 2024 10:39 AM

Sensex, Nifty open flat as markets await CPI data

India’s benchmark indices opened flat on Thursday, ahead of the release of crucial Consumer Price Index (CPI) inflation data. The Nifty 50 slipped by 37.35 points, or 0.15 percent, to 24,604.45, while the Sensex dipped 49 points, or 0.06 percent, t...

December 11, 2024 9:45 PM

Continuity, inclusion, and innovation will be priorities, says RBI Governor Sanjay Malhotra

Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India (RBI), outlined his vision for the central bank after assuming office on Wednesday. Malhotra emphasized that his tenure would focus on policy continuity, financial inclusion, ...

December 11, 2024 5:37 PM

National Maritime Heritage Complex a monumental tribute to India’s maritime history: Union Minister Sonowal

The development of the National Maritime Heritage Complex at Gujarat's Lothal is set to serve as a monumental tribute to India's ancient maritime history, bringing to life the technological advancements, trade routes, and cultural exchanges that our ...

December 11, 2024 5:17 PM

Stock market ends flat amid year-end consolidation; eyes on US CPI data

The Indian stock market witnessed a subdued trading session on Wednesday, closing nearly flat as investors opted for caution in the lead-up to year-end. The BSE Sensex slipped by 13.34 points, ending at 81,496.70, while the NSE Nifty declined by 20.2...

December 11, 2024 5:07 PM

Indian auto component industry makes strong showing at Automechanika Dubai 2024

The 21st edition of Automechanika Dubai, the West Asia's largest automotive aftermarket trade exhibition, opened its doors at the Dubai World Trade Centre with unprecedented Indian participation, reflecting the country's growing influence in the glob...

December 11, 2024 2:58 PM

India, Nicaragua sign agreements to implement Quick Impact Projects

India and Nicaragua signed an umbrella agreement on Tuesday to implement Quick Impact Projects (QIPs). The agreement was signed by Indian Ambassador to Panama, Nicaragua, and Costa Rica, Sumit Seth, and Nicaragua's Foreign Minister, Valdrack Jaentsch...

December 11, 2024 1:05 PM

Indian EV industry to attract $40 billion investments, boosting real estate growth: report

The Indian electric vehicle (EV) and ancillary sectors are poised to attract nearly $40 billion in investments over the next five to six years, creating significant opportunities for the real estate market, according to a report by Colliers India. T...

December 11, 2024 11:07 AM

Sensex, Nifty muted as investors await US consumer inflation data

India's benchmark indices opened flat on Wednesday, entering a consolidation phase as investors awaited key US consumer inflation data. The Nifty edged up by 10.45 points, or 0.04 percent, to 24,620.50, while the Sensex gained 58.34 points, or 0.07 ...

December 11, 2024 10:33 AM

India’s logistics costs could drop to 9% in two years by optimizing fuel, road expenses: Nitin Gadkari

Union Minister for Road Transport and Highways, Nitin Gadkari, said on Tuesday that optimizing fuel and road expenses could lower India’s logistics cost to nine percent within two years. Addressing the Rising Rajasthan Global Investment Summit 202...

December 10, 2024 5:10 PM

Sensex, Nifty end flat ahead of key inflation data

India’s benchmark indices closed flat on Tuesday as investors remained cautious ahead of the release of key CPI inflation data from both the US and India. The Sensex inched up 1.59 points to 81,510.05, while the Nifty dipped 8.95 points to close a...

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